2022 State Budget: Fiscal Policy and Structural Reform
Loan Restructuring Extension
under POJK No.17/2021
Rationality
Σ Avoid Cliff Effect
Push factor to the
economy
* Higher certainty in
preparing 2022 Business
Plan
POJK
11/2020
1
POJK
48/2020
2
POJK
17/2021
March 2020
December 2020
Key Points on the Stimulus
September 2021
Applicability
Extension period from
31 March 2022 to 31
March 2023
Applicable for
Commercial Banks and
Rural Banks
LOAN QUALITY ASSESSMENT
Loan quality assessment with 1 pillar only for loan
with a ceiling of ≤IDR 10 Billion
□ Loan quality on restructuring of loan and/or
financing to Covid-19 affected debtors is determined
to be "Current" since restructured
Banks can provide new loan/financing/providing
other funds to debtors affected by COVID-19 without
applying uniform classification
RISK MANAGEMENT
Specific Criteria for Restructuring
Debtors
Adequacy of Loan Provision
Dividend Distribution
Prerequisites
❖ Stress testing: The impact of
restructuring on capital and
liquidity
Source: Financial Service Authority (OJK)
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